Form 8-K SALESFORCE COM INC For: May 18

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BTIG Boosts PT on salesforce (CRM) to $100; Q1 Boosted by Strong Cloud Results

May 19, 2016 7:11 AM EDT

BTIG lifts its price target on Buy-rated salesforce.com (NYSE: CRM) from $88 to $100 following Q1 results reported Wednesday night.

Analyst Joel Fishbien noted that salesforce continues to be a leader in cloud applications. The quarter was highlighted by acceleration in the core Sales Cloud (up +15%... More